Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

Wednesday, October 5, 2016 - 03:00
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

IDB announces winners of its beyondBanking awards

Thursday, March 15, 2012 - 03:00
Participate in Twitter using #IDBmtg Institutions from Bolivia, Brazil, Guatemala, Mexico and Paraguay recognized for their contributions to sustainable banking MONTEVIDEO, Uruguay – The Inter-American Development Bank (IDB) today announced the winners of its beyondBanking awards, which recognize outstanding contributions by financial intermediaries to sustainable banking in Latin America and the Caribbean.

Report: remittances to Latin America and the Caribbean rose to $61 billion in 2011

Thursday, March 8, 2012 - 15:18
MIF’s annual analysis of migrants’ money transfers shows year-on-year growth of 6% Latin American and Caribbean migrants sent $61 billion in remittances to their home countries last year, up 6 percent from $57.6 billion in 2010, according to a report released today by the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank group.

Report: weak dollar, inflation blunting purchasing power of remittances

Monday, March 14, 2011 - 03:00
After stabilizing in 2010, money transfers to Latin America and the Caribbean are poised to rise this year, according to the MIF Remittances to Latin America and the Caribbean are likely to rise this year after stabilizing during 2010, although a weaker dollar and higher inflation are reducing their purchasing power in many countries, according to the Inter-American Development Bank’s Multilateral Investment Fund (MIF).

IDB supports decentralization and fiscal policy in Bolivia

Friday, November 5, 2010 - 03:00
Bolivia will support the process of decentralization and fiscal policy with a $20 million loan approved by the Inter-American Development Bank (IDB).

IDB Board of Governors receives General Capital Increase document for formal vote

Friday, May 21, 2010 - 03:00
The Board of Governors of the Inter-American Development Bank, which oversees the Bank’s operations in representation of the 48 member countries, on Friday received a Report that sets up a formal vote for the Bank’s Ninth General Capital Increase.

IDB sees turning point in remittances to Latin America and the Caribbean

Thursday, May 6, 2010 - 03:00
MEXICO CITY – Remittances to Latin America and the Caribbean are showing signs of stabilizing and could register a single-digit increase this year, following last year’s sharp drop due to the global economic crisis, Inter-American Development Bank President Luis Alberto Moreno said today.  

Bolivia to improve public administration with $30 million IDB financing

Friday, April 23, 2010 - 03:00
Bolivia will start a program to improve budget management and control public expenditure with a $30 million loan approved by the Inter-American Development Bank (IDB).

IDB approves financial mechanism to provide up to $100 million to Haiti

Thursday, April 15, 2010 - 03:00
The Board of Executive Directors of the Inter-American Development Bank announced the approval of an Account for the Administration of Donor Resources for Haiti, which may receive contributions totaling up to $100 million from the countries in the Union of South American Nations (UNASUR). UNASUR  includes Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Surinam, Uruguay and Venezuela.

IDB increases financial support to Bolivia, Guyana, Honduras and Nicaragua

Tuesday, June 2, 2009 - 03:00
Bolivia, Guyana, Honduras and Nicaragua will collectively have access to up to $485 million in lending resources per year from the Inter-American Development Bank during 2009 and 2010, to help these countries overcome the effects of the global economic crisis. By increasing the concessionary funds available for these four countries through a supplementary allocation, total IDB lending can expand 39 percent, from $349 million per year in 2007 and 2008, to $485 million per year in 2009 and 2010.